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The Yellow River key reservoir projects bear on the big picture. The practices of planning, construction, operation and management of these key reservoir projects promote continually the deepening of the understanding of the governance of the Yellow River. Based on the planning and construction backgrounds of the Sanmenxia Reservoir and the Xiaolangdi Reservoir in the middle reaches of the Yellow River and their operation and management practices, this paper briefly reviewed the progress from practice to cognition to practice and cognition again, as well as the development and evolution of river harnessing thought through it. Based on the problems and challenges faced by the Yellow River management in the new era, this paper suggests to speed up the development of the Guxian key reservoir project. [ABSTRACT FROM AUTHOR]